Gov. Rick Snyder says pensions should never have been tax exempt in Michigan

Gov. Rick Snyder says pensions should never have been tax exempt in Michigan MLive.com
"Gov. Rick Snyder today said elected officials made a mistake back in 1994 when they exempted private sources of retirement income, including pensions, from the state income tax.

Until then, only public pensions had been exempt from tax.
At the time, Gov. John Engler told lawmakers either to start taxing public pensions, including their own, or begin exempting private pensions from tax.

Lawmakers in both parties, of course, chose the latter, allowing joint filers to exclude up to $60,000 in private pension from tax.
Adjusted for inflation because the law also does that, the exemption is now up to $90,240."

The issue is legitimate for discussion unless public employee pensions are exempt.
Protecting the big union pensioners from paying their fair share and then taxing those private pensions to pay for the non-taxed unions members is simply an invitation for revolution!